| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$52M | $144M | — | -136.3% | — |
| Op. Income | $4M | $72M | — | -94.5% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -34.9% | 46.0% | — | -80.9pp | — |
| EPS (Diluted) | $0.05 | $0.20 | — | -74.1% | — |
| Free Cash Flow | $9M | $15M | — | -41.3% | — |
| Item | Amount |
|---|---|
| REVENUE | -$52M |
| Cost of Revenue | $0 |
| GROSS PROFIT | -$52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$67M |
| Operating Expenses | -$56M |
| Cost & Expenses | -$56M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $572.8K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $394.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $394.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$519.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $857.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $292M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $404 |
| Goodwill | $27M |
| Intangible Assets | $1M |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $408.3K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $502M |
| Account Payables | $420M |
| Short-Term Debt | $7M |
| Deferred Revenue | $296.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $427M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $427M |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $23M |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | -$205 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $502M |
| Total Debt | $7M |
| Net Debt | -$4M |
